The First National Bank Of Shelby
Shelby, NC — Domestic Branch of a Domestic Bank
Acquired Aug 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The First National Bank Of Shelby | All Insured Commercial Banks in North Carolina |
Interest and Fees on Loans | 11,742 | 19,327 |
Income from Lease Financing Receivables | — | 187 |
100 | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 17 |
Income on Loans and Leases (TE) | 11,742 | 19,531 |
Investment Interest Income (TE) | 1,282 | 1,821 |
Total Interest Income (TE) | 13,136 | 21,488 |
Total Interest Expense | 2,955 | 2,296 |
Net Interest Income (TE) | 10,181 | 19,192 |
Non-Interest Income | 3,216 | 5,641 |
Adjusted Operating Income (TE) | 13,397 | 24,756 |
Non-interest Expense | 21,518 | 18,940 |
Provision for Loan & Lease Losses | -870 | 1,020 |
Pretax Operating Income (TE) | -7,251 | 5,702 |
Pretax Net Operating Income (TE) | -7,251 | 5,811 |
Applicable Income Taxes | 1 | 1,843 |
Net Operating Income | -7,252 | 3,993 |
Net Income | -7,252 | 3,993 |
Cash Dividends Declared | — | 2,182 |
Retained Earnings | -7,252 | 1,811 |